5 consecutive years of decline, can BTC break the January curse?

Can BTC break the January curse?

February, April, May and June performed best. According to the monthly performance of BTC prices from 2010 to 2019, BTC performed the best in February, April, May, and June, with a rising probability of 78%.

The worst performance in March. In history, BTC performed the worst in March, with a drop probability of 78%, and August and September also performed poorly, with a drop probability of 70%.

The monthly rise and fall fell. From 2010 to 2013, the largest monthly increase of BTC exceeded 100%, especially in November 2013, the increase reached a staggering 448%. However, as the price of BTC rises and the market value continues to rise, the monthly rise and fall of prices gradually decline.

Break the curse? Historically, the probability of BTC price falling in January reached 56%, especially in January in the past 5 years, BTC closed down, with an average decline of 16.9%. However, from January to 2020, BTC prices have increased by 26.7%.

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Opinion

Tokyo and Kyoto, the rising encrypted 'twin stars

In an era where technological advancements are shaping the future of economies around the world, Japan is taking a st...

Blockchain

Bloomberg Interview with He Yi: My relationship with CZ is that of a mentor, friend, and spouse.

He Yi referred to Zhao as a comrade-in-arms and also as a college roommate. She said that their relationship only beg...

Policy

Sam “SBF” Bankman-Fried Faces the Fury of the Court (with a Twist of Humor)

Sam Bankman-Fried, the ex-CEO of FTX, took the stand in a New York court and testified about communication and custom...

Blockchain

A picture proves that there are a large number of cleaning transactions on the exchange

In order to more accurately depict trading activity, the "Real 10" indicator only considers the volume of t...

Blockchain

Coinbase becomes Tezos' largest verification node, will it be a new trend for exchanges?

Original: Cryptopotato , original author: Jordan Lyanchev Source: Odaily Planet Daily, Translator: Yu Shunsui Accordi...

Market

Solana’s Spectacular Comeback: Moons and Stumbles

In 2023, the token has increased by over four times its starting value of $10, making it a lucrative investment for F...